earnings
confidence high
sentiment positive
materiality 0.90
Marqeta Q2 2025: TPV up 29% to $91B, Gross Profit up 31%, closes TransactPay acquisition
Marqeta, Inc.
- Total Processing Volume reached $91 billion, up 29% year-over-year.
- Net Revenue $150 million, Gross Profit $104 million (up 31%), partly due to accounting change adding 8.6 ppt.
- GAAP Net Loss was $0.6 million, Adjusted EBITDA was $29 million.
- Closed TransactPay acquisition on July 31 to strengthen European program management with EMI licenses.
- Enabled KlarnaOne Card using Visa Flexible Credential for pay-later debit, in trial phase.
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